Westlake Sells Hutchison Hayes

AUSTIN, TX - Westlake Securities is pleased to announce the acquisition of Hutchison Hayes Separation by Alfa Laval Group. Westlake Securities represented Hutchison Hayes in the structuring, negotiation and consummation of the asset sale to Alfa Laval.

Hutchison Hayes, based in Houston, Texas, was founded in 1927 and is a leading provider of separation equipment, parts and services, focusing mainly on the U.S. energy related markets with additional markets in the marine and food industries. The Company sells and leases new decanting centrifuges and high-speed separators, as well as parts and service through marketing directly to their main customer groups and through agents to the process industries.

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling. Alfa Laval's worldwide organization works with customers in nearly 100 countries. Alfa Laval is publicly traded on the Nordic Exchange, Nordic Large Cap and in 2007 posted 2.7 billion euros in revenues.

Westlake Securities is an investment banking firm serving middle market companies in a broad range of industries including technology, basic industrials, energy, financial services, consumer products, and life sciences. Westlake's clients include: family-owned businesses; privately held companies; private equity and venture capital funds; and publicly traded small-capitalization companies. Westlake's services include equity and debt private placements, merger and acquisition advisory and financial advisory (valuations and fairness opinions). The firm is headquartered in Austin, TX and also has an additional office in Houston, TX. Westlake is a member of FINRA and SIPC.